Shares available to short spiked by 100,000 a moment ago after the 2 dollar jump in price. That was shorts taking profits. They are doing the smart thing, and turning this game around.
Sentiment: Strong Sell
Doesn't that mean a lot of "nervous" shorts got out. Why would they sell if they anticipated a big drop when the "bubble" burst?
I am a buyer if it drops to $126. I think this run has some life left in it. A correction at this point should have been expected.
in the category of funny to me,
when Z gets to $126 on the down-draft, I suspect a number of folks will be layering on more to their short positions - as the chart breaks down thru MA (50). you will represent the other side of the trade - ha!
A week ago, you said you wanted to buy at 95 and now you wanna buy at 126 ... :)) what changed
Financing rates are almost 0% too.
how do you see amount of shares available to short?